Call reports 2004
F & M BANK AND TRUST COMPANY — 2004
What F & M BANK AND TRUST COMPANY reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 59,563,000 | 58,171,000 | 56,339,000 | 59,481,000 |
| Total loans | 39,368,000 | 38,810,000 | 40,494,000 | 41,969,000 |
| Allowance for loan losses | 812,000 | 735,000 | 699,000 | 677,000 |
| Securities available for sale | 10,253,000 | 9,662,000 | 9,780,000 | 9,686,000 |
| Securities held to maturity | 188,000 | 183,000 | 183,000 | 183,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,767,000 | 47,548,000 | 45,647,000 | 47,446,000 |
| Interest-bearing deposits | 38,393,000 | 38,286,000 | 36,466,000 | 36,704,000 |
| Noninterest-bearing deposits | 9,374,000 | 9,262,000 | 9,181,000 | 10,742,000 |
| Equity capital | 7,325,000 | 7,208,000 | 7,595,000 | 7,817,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 949,000 | 1,878,000 | 2,856,000 | 3,931,000 |
| Interest expense | 193,000 | 392,000 | 595,000 | 810,000 |
| Net interest income | 756,000 | 1,486,000 | 2,261,000 | 3,121,000 |
| Noninterest income | 241,000 | 482,000 | 742,000 | 985,000 |
| Noninterest expense | 700,000 | 1,411,000 | 2,124,000 | 2,811,000 |
| Provision for loan losses | 52,000 | 106,000 | 158,000 | 235,000 |
| Pretax income | 253,000 | 459,000 | 729,000 | 1,068,000 |
| Income tax | 86,000 | 176,000 | 246,000 | 330,000 |
| Net income | 167,000 | 283,000 | 483,000 | 738,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,231,000 | 7,348,000 | 7,543,000 | 7,792,000 |
| Total capital | 7,761,000 | 7,872,000 | 8,081,000 | 8,346,000 |
| Risk-weighted assets | 42,112,000 | 41,710,000 | 42,854,000 | 44,190,000 |